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New3 hours ago

35 Drake Crescent

Cliffcrest, Toronto

$2,599,999

Detached|2-Storey
4 | 5 | 6
About this home

An exceptional opportunity in the prestigious lakeside community of Cliffcrest, located southof Kingston Road and just minutes from the breathtaking Scarborough Bluffs and scenicwaterfront trails. Nestled in a quiet, highly desirable neighborhood, this magnificent customtwo-story residence sits on a generous, south-facing 50 x 139 ft deep lot, perfectly positionedwithin the highly sought-after R.H. King Academy school boundary and close to Cliffcrest Plazaamenities. Crafted with high-quality finishes and architectural elegance, the home features an exquisitelyfinished, sun-drenched 4+3 bedroom, 5-bathroom layout. Highlights include a gourmet chef'skitchen that opens seamlessly to a light-filled family room, ideal for both everyday living andgrand entertaining. Complete with a double-car garage and an expansive backyard, this residenceoffers an unmatched blend of scale, luxury, and premium location in one of Scarborough's finestcoastal enclaves.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$15,131
Lot Size50 ft x 149 ft
mls© NumberE13733308
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,308
Property tax
$1,261
Heat allowance
$150
Housing costs
$14,719 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $520,000
25-yr amortization

Income needed

$453,000

gross annual household income

Payment at 4%
$10,941 / mo
Cash down
$520,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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